The Coming of “Peak Car”

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Futurist Thomas Frey:  In what year will the number of cars in the world reach its peak and auto sales overall begin to decline?

For most, it may be surprising to realize we’re already there in the U.S. Growing data shows many wealthy economies have already hit “peak car,” a point of market saturation characterized by an unprecedented deceleration in the growth of car ownership, total miles driven, and annual sales.

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